I'm officially sick of the bitcoin price right now...

[LFC_Bitcoin]

Nobody likes to see the price dump hard but it recovers, it always does. We’ll likely see a new ATH in 2018 so relax & hold onto your coins. Why are you in a rush?

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[cho99]

Catastrophic market , all in red , I which I did hold my coins , I will sell, cryptocurrencies time is over , I never seen a bloody bath like this , all this kind of posts and comments that you can see allover the globe .depression ,negativity but all of those people don't know that the cryptocurrencies dealing market is not for people who wants profit all the way , even  drug dealers has also bad times .so just I have a word to say for the greedy people here if you are here dealing with crypto coins you have to learn to accept losing and winning or just walk away , this thing is not for you

[Loveydovey04]

You can just regard your investment to be a savings in the bank. This way, it will not hurt you that much. Just think about it as a set aside money in the bank and stop checking the graph all the time. If you trust bitcoin you know it will not stay like this for long. Who knows, you might wake up one morning and realize that your investment has not just doubled in value but more  .

[alyssa85]

Again, I'm been asking the same question, why are you guys like somewhat attach to $20K price? Can't you have just a little bit of patience to just wait? We are going to $20K, but it will take a little time to get there. I guess you really bought bitcoin during its peak at $19K, right? Then you can't do anything but have some patience. Short term we may be plunging to $10K or below, but long term, bitcoin can get to $20K-$50K.

People who bought near the $20k price are attached to that price level - it represents profit to them.

Don't forget lots of noobs entered crypto in November and December 2017, which means they bought in the $10,000 - $20,000 range.

[HatakeKakashi]

Don't worry if you see the price of the bitcoin decreased because for sure once the price increase again it will continue and possible to see the price to reach again $20k dollars maybe next month of february or by the march it will happen if the more bitcoin user have unity to buy bitcoin and to keep for sure bitcoi reach again that price.  I dont think the price become $50k -$100k in the march or before end of this year because that price is very and it takes few years more for sure to happen that.  Maybe the possible become 20k upto 40k dollars each bitcoin.

[DrGuns4Hands]

You just have to be patience. Be responsible and open thinker. Dont be in hurry. Rush things will lead you to nothing and imperfect.

[Nfp]

You just have to be patience. Be responsible and open thinker. Dont be in hurry. Rush things will lead you to nothing and imperfect.

I agree with you mate, no need to worry about. Despite of this bitcoin price dump, use this as an opportunity instead, to have more bitcoin in your btc wallet to gain more profit when the price rise than selling it with this low price that leads you to loss more money.

[vhiancs]

.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle.  I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again?  It just seems like a really long sideways movement.

On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers.  What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)?  Another month?  March?

I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).

Thanks.

Just be patience brother you are not the only one affected with the sudden decrease of bitcoin, if you do not believe the bitcoin price will increase and sell your bitcoin, you might repent of it later. So my suggestion is very simple, instead of selling your bitcoin just hold it and wait until the bitcoin price will increase again to gain profit.

[blitz18]

You just have to be patience. Be responsible and open thinker. Dont be in hurry. Rush things will lead you to nothing and imperfect.

I agree with you mate, no need to worry about. Despite of this bitcoin price dump, use this as an opportunity instead, to have more bitcoin in your btc wallet to gain more profit when the price rise than selling it with this low price that leads you to loss more money.

Patience is necessary in this moment of bitcoin price dump. Yes making in a hurry to earned profit right away will lead you to be on lose of your investment. Better hold for now because of this price dump, then to wait increase the price.

[Rajamuda]

I can feel it, but basically no need to feel despair and weakening all the efforts that's being have to do. I think this requires only patience of ourselves, and such as testing to the our personal beliefs.
To me personally, I  just keep holding it, I just rely on my belief due I believe since at the history of the price development that I know.. that bitcoin price will not fall further from the highest price ever reached, I'm still really sure bitcoin price would be still tend lead to the height.

Keep enjoying the journey, good luck holders

[Seeker#9]

This January seems to be the bearish month for the bitcoin as it continue to stay below the level of $12k. Every year bitcoin undergo price corrections but it will eventually recovers so you have to be patient in waiting for its come back. Some reasons why the bitcoin is down are the negative news coming from China and other FUDs that coming from polluted source.
If you have still available funds for trading then try to invest in some profitable atcoins to diversify your portfolio and increase your earning. Choose only the coin that has the potential to grow in long term.

[Carlsen]

Predictions about crypto currencies are nearly impossible.
There are too many factors that can come up und nearly now hard facts.
Nobody knows how many people are really dealing with crypto or how much money they invested.
And nobody knows as well what countires will bring what regulations next.
Everything we can really tell is that right now we are in a down trend.

[tricker01]

This January seems to be the bearish month for the bitcoin as it continue to stay below the level of $12k. Every year bitcoin undergo price corrections but it will eventually recovers so you have to be patient in waiting for its come back. Some reasons why the bitcoin is down are the negative news coming from China and other FUDs that coming from polluted source.
If you have still available funds for trading then try to invest in some profitable atcoins to diversify your portfolio and increase your earning. Choose only the coin that has the potential to grow in long term.

China and South Korea restrict all trading of crypto currency in digital society, I guess this is the reasons why bitcoin price was dropping down so deep. It was challenge to us if what we do to our bitcoin.
However there were an option with that either we sell it, hold it, exchange it or anything. I was believe that this coin will become profitable if we hold it for long period of time, because for me this is the best option we can do for now.

[Denker]

This January seems to be the bearish month for the bitcoin as it continue to stay below the level of $12k. Every year bitcoin undergo price corrections but it will eventually recovers so you have to be patient in waiting for its come back. Some reasons why the bitcoin is down are the negative news coming from China and other FUDs that coming from polluted source.
If you have still available funds for trading then try to invest in some profitable atcoins to diversify your portfolio and increase your earning. Choose only the coin that has the potential to grow in long term.

No I don't think China has any important weight left to threaten Bitcoin or manipulate the price. Trading is already banned and exchanges moved to HongKong or other countries.
Miners are also expanding to other countries. Canada will play a big role in the future, as Japan as well.
China had it's chance to play a significant role in the crpypto space. They totally screwed it up!

Price is mostly correcting because we had a crazy bullrun last year. Probably too much, and therefore the actual retracement.
Investing in altcoins right now is extrmely risky. If Bitcoin should take another dive, altcoins will get hit even harder as BTC is their anchor!
Yes you can scalp and daytrade the altcoins, but investing is imo not recommended.

[hisuka]

This market is always tends to go up and down or in bearish or bullish trend. Everytime price will go down we cannot really say an accurate price of bitcoin if where it will be heading. But, since the foundation is strong I wouldnt have time to be worrying much about bitcoin price fall down. I am still holding my bitcoin until now because of believing it will go up again.

[gabmen]

This market is always tends to go up and down or in bearish or bullish trend. Everytime price will go down we cannot really say an accurate price of bitcoin if where it will be heading. But, since the foundation is strong I wouldnt have time to be worrying much about bitcoin price fall down. I am still holding my bitcoin until now because of believing it will go up again.

Lol. Crypto really isn't for the faint of heart. Those that can't handle heavy volatility would know better to stay away from crypto. I don't understand why people would be so down with btc's decline as we haven't even finished yet the first month of the year.

[tee-rex]

.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle.  I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again?  It just seems like a really long sideways movement.

I don't think we are trading in a sideways channel right now. It is a rare event in a cryptoworld which doesn't last for long anyway. Technically, we are still going down, that is we are in a downtrend as of yet. It needs time till we consolidate, the market volume goes up, and then prices start to rise. The dollar interest rates are also declining at Bitfinex which reflects the overall negative sentiment of the market.

[Weawant]

This market is always tends to go up and down or in bearish or bullish trend. Everytime price will go down we cannot really say an accurate price of bitcoin if where it will be heading. But, since the foundation is strong I wouldnt have time to be worrying much about bitcoin price fall down. I am still holding my bitcoin until now because of believing it will go up again.

Lol. Crypto really isn't for the faint of heart. Those that can't handle heavy volatility would know better to stay away from crypto. I don't understand why people would be so down with btc's decline as we haven't even finished yet the first month of the year.

But you can't blame him to doubt for the current happenings of bitcoins since for now we can see the price go more deeper and its hurting the traders heart badly since they can see their money draining quickly. But if people would see this as good event and accumulate more then they will gain as plenty as they can if they use their wide sense of this current even happened on bitcoins.

[eann014]

.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle.  I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again?  It just seems like a really long sideways movement.

On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers.  What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)?  Another month?  March?

I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).

Thanks.

I am still hoping bitcoin will increase its price again this year for about $20k, but don't expect too much. Expecting too much can hurt you in the end. Just stay focus in the average price of $20k ATH's before expecting more than that. No one knows when it will rise again hopefully by February or March.

[Gameroid]

.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle.  I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again?  It just seems like a really long sideways movement.

On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers.  What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)?  Another month?  March?

I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).

Thanks.

I am still hoping bitcoin will increase its price again this year for about $20k, but don't expect too much. Expecting too much can hurt you in the end. Just stay focus in the average price of $20k ATH's before expecting more than that. No one knows when it will rise again hopefully by February or March.

20k is expecting in next few months, while at the end of 2018 i can expect that bitcoin price will be trading above 40k may be much more from that price. In fact still people are too much interested in bitcoin and therefore they are holding their bitcoins and trying their best not to sell it. Only those people who get panic because of having low price of bitcoin are selling their bitcoin while the experienced investors will always try to hold and not to sell in panic situation.